Venture Capital
PITTSBURGH, March 26, 2021-- Idelic, Inc., a Pittsburgh-based leader in commercial trucking analytics and driver management solutions, has announced the close of its Series B fundraising round, a $20 million raise led by Highland Capital Partners with participation from AXA Venture Partners. Additional participants in the round included previous investors Birchmere Ventures, Origin Ventures, TDF Ventures, and SaaS Venture Capital. In conjunction with the financing, Craig Driscoll of Highland Capital Partners will be joining Idelic’s Board of Directors. Idelic makes trucking safer and more efficient by preventing accidents, reducing driver turnover, lowering insurance costs, and—most importantly—saving lives.